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Glori Energy
company
About
Glori Energy is a tech company that offers AERO System to recover barrels of oil trapped in reservoirs to increase oil production.
- 11 - 50
Highlights
Details
- Last Funding Type
- Series Unknown
- Industries
- Clean Energy,Energy,Oil and Gas,Renewable Energy
- Founded date
- Jan 1, 2005
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Glori Energy's mission is to cleanly and safely recover billions of barrels of oil that are trapped in existing well reservoirs without having to drill a single new well. Glori partners with oil producers to install the AEROTM (Activated Environment for Recovery of Oil) System to significantly increase oil production. The AEROâ„¢ System provides a new, viable low-cost option to cleanly and safely recover previously trapped oil and bring it to market.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$20M
Glori Energy has raised a total of
$20M
in funding over 2 rounds. Their latest funding was raised on
Jan 24, 2012 from a Series C round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jan 24, 2012 | Series C | $20M | 1 | — | — | Detail |
| Jan 19, 2012 | Series Unknown | — | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
—
1
Glori Energy is funded by 1 investors.
Advantage Capital
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Advantage Capital
|
— | Series C |
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